Code Chain New Continent (NASDAQ:CCNC) Trading 7.8% Higher

Code Chain New Continent Limited (NASDAQ:CCNC) was up 7.8% during trading on Thursday . The company traded as high as $0.76 and last traded at $0.75. Approximately 177,393 shares traded hands during mid-day trading, an increase of 855% from the average daily volume of 18,580 shares. The stock had previously closed at $0.69.

Code Chain New Continent Stock Up 7.8 %

The business’s fifty day moving average is $1.57 and its 200 day moving average is $2.30.

Institutional Trading of Code Chain New Continent

An institutional investor recently raised its position in Code Chain New Continent stock. Virtu Financial LLC lifted its position in Code Chain New Continent Limited (NASDAQ:CCNC) by 72.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,362 shares of the company’s stock after acquiring an additional 24,526 shares during the period. Virtu Financial LLC owned about 0.15% of Code Chain New Continent worth $53,000 as of its most recent SEC filing. 34.75% of the stock is currently owned by institutional investors and hedge funds.

Code Chain New Continent Company Profile

Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things (IoT) and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services; and offers electronic tokens, that are used for purchasing virtual real estate properties.